To kick off our show tonight, Mr. Obama will give 95% of American working families a tax cut, even though 40% of Americans today don’t pay income taxes! How can our star enact such mathemagic?
To start with, let’s examine the word magic in this article. Obama’s plan cuts taxes for 95% of working families. Let’s assume that her claim that 40% of Americans don’t pay any income tax is true. According to census data compiled by the US Census Bureau, only 60.1% of the US population is between the ages of 20-64 (the prime working years, where most people are in families). An additional 27.4% are 0-19 years of age (a few of these will pay a small amount of taxes starting at the age of 16), and 12.6% are over 65 (and again, some number of those pay tax but many retirees do not earn enough to). So it’s not surprising that 40% of Americans don’t pay income tax when we learn how many of them are children and retired or elderly people.
Bottom line, the author of this propaganda piece is not comparing apples to apples. Either she is too thick to understand that “working families” and “Americans” are two different things or she thinks her audience is too thick to catch onto her insincere little word games.